All Forum Posts by: Marylynn B.

 I think so too!!! I am glad to hear you agree!

Hey everyone!! I have seen some interesting things since investing in real estate and as an agent. I just encountered something new and wondered if anyone has seen this yet? I am selling a fixer upper on the MLS. I live 2.5 hours away, so a quick sale would be great but if not I would manage the project myself. Even though it is on the MLS for 60k, a wholesaler brought me a buyer and if charging him 64k. She told him she is funding it the project so he has to pay the wholesale fee and cannot purchase through a realtor or directly from the MLS. I requested a POF and received a loan application in her name to another company. I received no guarantees or evidence of her private funds if she is not approved. So, she is charging him a wholesale fee of 4k, applying for financing herself and then lending to him.

To make a long story short, I am declining the offer.  In addition to being fishy, I just cannot wait  weeks to find out financing falls through.  What are your thoughts?

I will email you now, thank you Vince!

3/4 Bedrooms, not you usual foreclosure-many upgrades have been completed.  Kitchen has new granite, 

House just needs finishing. Check out the comps in the area. Will be going on the MLS in a week or so, make offer!!

Hi Beau, I understand your frustration.  if this is in your personal name, I believe M&T will lend 20-30 years.  I also think they will lend under 50k.  I could be wrong but I can ask my contact there.  It amazes me the difference between banks and especially between different credit unions. So, just keep shopping!

I have a property on the Eastern shore but it is too far for me to manage, maybe we could work something out.  Please pm me for details!

I know this is an old thread but I am under contract on a property outside of cambridge.  Could you recommend a property manager and a contractor for the area? Thank you so much!

That is awesome!! Congratulations!!!

That is awesome and inspiring!! Thank you for the share!

Hi Emmett, I was recently speaking to some students in a college town I invest in and asked them how they found the property I was looking at.    Even though there are For rent signs everywhere, a list of off-campus rentals, and local advertisements.....they found their house on...zillow!!! I found it hard to believe. But I guess the internet is our friend!!